SMX (SMX) Announces $5.5 Million PIPE Offering
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SMX Announces $5.5 Million PIPE Offering
May 8, 2025 9:17 AM EDTNEW YORK, NY AND SINGAPORE / ACCESS Newswire / May 8, 2025 / SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW), a leader in providing "physical to digital" solutions for a circular economy, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of 12 month, convertible promissory notes for an aggregate purchase price of up to $5.5 million, in a private placement transaction. The initial closing of the transaction is expected on May 8, 2025.
The Company expects to use the net proceeds from the offering for working capital and... More
